Bill Clinton gave a blistering endorsement of Barack Obama's leadership at a huge rally in Ft. Pierce, Florida today.

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Clinton: We have to elect a President that will rebuild the American dream, repair a badly shattered financial system and restore America's standing in the world. Look at the mess that we have  in our financial  system. This is not accidental folks. It doesn't have to be this way. It matters who the President is, it matters what decisions he makes and it matters what the policies are. Obama's got better answers.  He knows what it will take to get this country back on track.

Obama's answers are better!

Bill Clinton explains the financial crisis and how Obama will be able to grow the economy and lead America back like no other.

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128 comments

This endorsement sounded most sincere.

I'm glad for that.

I fucking hate Bill Clinton. He is no progressive...here is proof!

(mmm pssst. not to be a spoil sport but how about rebuilding my reality before we rebuild my idea of an Am. dream?)

An excellent speech. Good to see/hear BC finally coming around.

'Bout damn time, sez I.

hrumph, the Clintons are fair weather friends. Not a peep over the rough spots, now that Obama opens it up in Florida, there's Bill "rockin'" it for Obama... sheesh, these self-servers only show up when it is safe and to take credit for other people's accomplishments. Can anyone cite 5 examples of them meaningfully helping Obama since the nomination? Not to sound so "what have you done for me lately" but seriously, nothing until Obama has already turned it around? Yikes...

What happened to his evil twin who's been campaigning for McCain all these weeks?

Bill Clinton was the man when he was in office regarding deficits/surpluses in the Budget..
http://blogs.venturacountystar.com/greenberg/qqxsgFiscalConservative.jpg

Great Graphic to pass along to friends when the opportunity arises...

let's reelect Bill.

Re: Leadership @ 2

Well, yeah, he's not on the far left fringe.

Re: Leadership @ 4

Sick.

OT: Damn, just read "on line" reporting by NYT's that Obama has returned to D.C. and
is supporting the new/revised "Bail Out Plan". He spent 36 minutes in one speech "on the
road" this morning giving his support to Plan, and another 13 minutes on the U.S. Senate
floor doing the same. That is NOT the position of the majority of Americans, and I am
disappointed in Obama for indicating he will vote "Aye". Piss poor decisions in my opinion.

Feh, I think that Bill needs to unload on McCain for quoting him out of context in his ad. Back stabbing at its finest, particularly after the Global Initiative invitation...

But yeah, the timing seems a little suspicious. Still, to quote Harry Truman, I'd rather have him in the tent pissing out than outside the tent pissing in. Goes double for Hillary.

it's about friggin' time.i was yelling obcenities at the tv during his last few interviews.he came off as really bitter and angry and jealous.i'm glad he's turned it around...

peaceful easy feeling @ 11:

Re: Leadership @ 2

Well, yeah, he's not on the far left fringe.

Re: Leadership @ 4

Sick.

Doesn't Progressive=Far Left Fringe?

Bill Cinton....

Supported NAFTA

Supported the Telecom Bill of '96

Let Rwanda drown in blood

Let East Timor drown in blood

Bombed civilians in Serbia and the Sudan

And was the best Republican President since Eisenhower!

I can't but think to myself that Bill's been looking at the recent polls and decided that he wanted to be part of the winning team.

I listened to recording of both Obama's Speech today and Clintons.
Both were inspiring, both asked the American people to be part of the recovery of the nation. Remember, the bush administration and all the pro-deregulation crowd never asked anything of the American People. That is unless you call "Go out and go shopping" as bush said after we were hit in NY.

Their premise is good, put Americans to work restoring Americas infrastructure. Ask young people to participate, to donate a year or so of their lives as Kennedy did. People want to be involved, but this administration had made Americans feel as if they had no say and could do nothing but run up their credit card bills.

And now the polls are starting to show a pretty steady uptick for Obama, even in Florida and Ohio and Michigan.

There still is hope for our country as long as we get out the vote and elect as many D's as possible.

The Clintons are corporate cronies...bought and paid for - Republican lite - Bill was all against NAFTA, until he was elected. Lied himself into the Presidency did he.

Hey! He used the Post Turtle!

"Better answers"? Like what? $700 Billion for his buddies on Wall Street?

This coming from the guy who signed the most far-reaching deregulation of the banking industry since 1929.

To hell with Bubba...Robert Rubin's first sock puppet!!

(Guess who's the second???)

I guess that nasty ad, quoting him, finally motivated him...

Well Bill can still give a good speech. This did sound more sincere and energetic though...and I am glad.

Imagine if there were no term limits and we could have had him for the eight instead of he who shall not be named?

BTW: I am against term limits, they are fundamentally undemocratic.

John Amato, you are an Obama Kool Aid drinker...

Clinton was succinct and and emphatic. Hope Biden will be.

Doggiebobo @ 12:

OT: Damn, just read "on line" reporting by NYT's that Obama has returned to D.C. and
is supporting the new/revised "Bail Out Plan". He spent 36 minutes in one speech "on the
road" this morning giving his support to Plan, and another 13 minutes on the U.S. Senate
floor doing the same. That is NOT the position of the majority of Americans, and I am
disappointed in Obama for indicating he will vote "Aye". Piss poor decisions in my opinion.

Bush already asked the Federal Reserve Board to release this money. The Federal Reserve Board agreed to do it. The fact is; Bush already has his grubby paws on the money. Hopefully, Obama will be able to attach some oversight to this. Otherwise, I am sure it will all disappear through the cracks.

Does Senator Obama's plan have anything to do with "regulating" the Fed?

Because no one ever talks about regulating the Fed. Why is that?

They were the ones that kept interest rates low, despite the fact that conventional wisdom dictated RAISING interest rates. Also, how do we regulate the politicians, who obviously put pressure on the Fed to keep the good times rolling?

Folks, you can talk all day about this an that, but if we don't address the basic problem with our currency, fractional-reserve banking and floating currency, then we're just going to be pissing up a rope.

On the down low.....

The McCain Campaign is pushing rumors of an Obama gay sex scandal big time in Michigan. The rumor about Larry Sinclair has been debunked a long time ago... and Sinclair has revealed himself to be a con artist... but that isn't stopping McCain's supporters from pushing this rumor.

They are planning to crash a rally in Grand Rapids.

It's just more proof of how low the GOP is willing to go.

Derek from Chicago @ 22:

John Amato, you are an Obama Kool Aid drinker...

Derek, here's a clue for you ...... this is a progressive Blog.

Johnny2Bad @ 20:

"Better answers"? Like what? $700 Billion for his buddies on Wall Street?

This coming from the guy who signed the most far-reaching deregulation of the banking industry since 1929.

To hell with Bubba...Robert Rubin's first sock puppet!!

(Guess who's the second???)

I really wish people would do their research on things before making what amounts to seriously misleading, if not false accusations....especially wrt Graham-Leach-Bliley. Read this:

The bills were introduced in the Senate by Phil Gramm (R-TX) and in the House of Representatives by James Leach (R-IA). The bills were passed by a 54-44 vote along party lines with Republican support in the Senate and by a 343-86 vote in the House of Representatives. Nov 4, 1999: After passing both the Senate and House the bill was moved to a conference committee to work out the differences between the Senate and House versions. The final bill resolving the differences was passed in the Senate 90-8-1 and in the House: 362-57-15. This 'veto proof legislation' was signed into law by President Bill Clinton on November 12, 1999[1]

Derek from Chicago @ 22:

John Amato, you are an Obama Kool Aid drinker...

Say what you want about JA, but he isn't drinking Obama kool aid. He is a Hillary supporter that knows Obama can win.

He is too busy with Buffy and the Yankees to drink kool aid.

Bill Clinton gave a blistering endorsement of Barack Obama’s leadership

Is that good? :)

The old saying, Better late than never, comes to mind. Florida is teetering on the brink between Obama and McCain. If Bill's words can give Obama some help, well shit, I'll take it.

He sounded like his old self. I think he really was fired up and ready to go.

Leadership @ 14:

peaceful easy feeling @ 11:

Re: Leadership @ 2

Well, yeah, he's not on the far left fringe.

Re: Leadership @ 4

Sick.

Doesn't Progressive=Far Left Fringe?

Bill Cinton....

Supported NAFTA

Supported the Telecom Bill of '96

Let Rwanda drown in blood

Let East Timor drown in blood

Bombed civilians in Serbia and the Sudan

And was the best Republican President since Eisenhower!

Don't forget Carnivore started under Clinton which later evolved into TIA. And remember, if you are to the left of Mussolini, you are officially (far*10^1000) left, this message brought to you by our media overlords and such luminaries as dildo and insanity.

pissed off patricia @ 30:

The old saying, Better late than never, comes to mind. Florida is teetering on the brink between Obama and McCain. If Bill's words can give Obama some help, well shit, I'll take it.

He sounded like his old self. I think he really was fired up and ready to go.

Ugh.

bill, the great deregulater

Bill Clinton: good for America?

Don't think so.

He stood by while the stock market went wild.

And sold American manufacturing abroad.

I don't care about the blowjob. That was Bill Clinton, and Hillary.

Just, fuck Bill Clinton. He's history. And worthless.

kray28 @ 21:

Well Bill can still give a good speech. This did sound more sincere and energetic though...and I am glad.

Imagine if there were no term limits and we could have had him for the eight instead of he who shall not be named?

BTW: I am against term limits, they are fundamentally undemocratic.

Jut like campaign finance cluster-F free-for-all..."fundamentally undemocratic".

Johnny2Bad @ 19:

"Better answers"? Like what? $700 Billion for his buddies on Wall Street?

This coming from the guy who signed the most far-reaching deregulation of the banking industry since 1929.

To hell with Bubba...Robert Rubin's first sock puppet!!

(Guess who's the second???)

say it aint so joe!

Johnny2Bad @ 32:

pissed off patricia @ 30:

The old saying, Better late than never, comes to mind. Florida is teetering on the brink between Obama and McCain. If Bill's words can give Obama some help, well shit, I'll take it.

He sounded like his old self. I think he really was fired up and ready to go.

Ugh.

Is that your opinion? If so, you are welcome to it.

ray pateen @ 13:

it's about friggin' time.i was yelling obcenities at the tv during his last few interviews.he came off as really bitter and angry and jealous.i'm glad he's turned it around...

Bingo.

Remember, Bill is a politician. He has a legacy he wants protected, he'd love to see Hillary get more attention in the national spot light since it would keep him there. But in the end he is a Democrat.

Keep this up Bill. You're legacy is watching.

"The dead have risen and they're voting Republican!" -- Bart Simpson

Hey, I thought some liberals believed that Clinton wanted McCain to win?

Anyhow, fuck you idiots who say fuck Bill Clinton. I'm tired of the purists, tired of the whiners on the left, or who claim to be on the left, who seem content to sneer at Clinton and even Obama because they don't hold the same exact suite of beliefs.

And I thought rightwingers lived in a fantasy world.

When it comes to the totality of a candidate's beliefs, including foreign policy, the economy, the environment, the role of science, education, right on down the line, the Democrats far more often than not are the party of sanity.

You don't like that? Then vote Republican, or vote for a meaningless third party, or don't vote at all, but then don't come bitching when McCain kicks off and we are treated to Sarah Palin taking the oath of office.

Obama is a globalist just like McCain. The only difference is that McCain is a neocon and Obama is a socialist. Both of them will use the Constitution like it's a piece of toilet paper. Wake up, America. The two-party system is corrupt and deceiving you.

http://www.youtube.com/watch?v=7WJynIeWkf4

Just yesterday I'd given up on the Clintons, convinced they'd rather see McCain win so Hilary could run in 2012.

finally, Bill should continue in FL, VA and NC and make sure to nab em for Obama

Derek from Chicago @ 22:

John Amato, you are an Obama Kool Aid drinker...

you like the chocolate drink and that's not hot cocoa.

ontheleftcoast @ 39:

ray pateen @ 13:

it's about friggin' time.i was yelling obcenities at the tv during his last few interviews.he came off as really bitter and angry and jealous.i'm glad he's turned it around...

Bingo.

Remember, Bill is a politician. He has a legacy he wants protected, he'd love to see Hillary get more attention in the national spot light since it would keep him there. But in the end he is a Democrat.

Keep this up Bill. Your legacy is watching.

"The dead have risen and they're voting Republican!" -- Bart Simpson

True. The thing is that he is also a former President, and as such needs to maintain himself somewhat above the bareknuckled aspects of the campaign. I've never had problems with him not going full bore after McCain. If you listened to his convention speech and others, you'd know that he wants Obama to win. He keeps giving proof, yet that proof is never good enough for some people.

The thing is that, even if he gave a great speech in support of Obama every day between now and November 4, you'd still read critics from the left saying he's not doing enough.

A very powerful speech. Even when Bill says the same stuff as Barack, he comes across folksier and less rigid.

That said, Clinton signed the bill that repealed the Depression era firewall that prohibited bank holding companies from broadening into other investments (a Glass-Steagall provision).

It passed 90-8. The only Republican who voted against it was Shelby (R-AL). The only Democrats who voted against it were Boxer, Bryan, Dorgan, Feingold, Harkin, Mikulski and Wellstone. Dorgan in particular warned that the type of crisis we're now experiencing could happen in 10 years. He was off by one year.

There's no question that Bush and the Republicans fanned the flames.
But Clinton signed the bill that let people throw hay all around the barn.

Did Bill have his fingers crossed behind his back during the whole speech?

Nick @ 41:

Obama is a globalist just like McCain. The only difference is that McCain is a neocon and Obama is a socialist. Both of them will use the Constitution like it's a piece of toilet paper. Wake up, America. The two-party system is corrupt and deceiving you.

http://www.youtube.com/watch?v=7WJynIeWkf4

Then fucking get off your ass and form a third party. What have you done to establish a third party during the past four years? Have you run as a third party candidate? How much time and money have you invested in formation of a third party? Or would you prefer to sit on the sidelines and snipe, and hope that someone else forms a third party for you?

What have the Greens and the Libertarians really done over the past decade toward establishing themselves as viable alternatives to Republicans and Democrats? What have they done to endear themselves to the typical American? Or the atypical American, for that matter.

If you want relevance, you've got to work for it.

castanea @ 40:

Hey, I thought some liberals believed that Clinton wanted McCain to win?

Anyhow, fuck you idiots who say fuck Bill Clinton. I'm tired of the purists, tired of the whiners on the left, or who claim to be on the left, who seem content to sneer at Clinton and even Obama because they don't hold the same exact suite of beliefs.

And I thought rightwingers lived in a fantasy world.

When it comes to the totality of a candidate's beliefs, including foreign policy, the economy, the environment, the role of science, education, right on down the line, the Democrats far more often than not are the party of sanity.

You don't like that? Then vote Republican, or vote for a meaningless third party, or don't vote at all, but then don't come bitching when McCain kicks off and we are treated to Sarah Palin taking the oath of office.

YOU JUST DON'T GET IT!

You're supposed to vote like true Americans like Johnny2Bad, who's supporting...he's supporting...uhm...a little help, Johnny2Bad, you're supporting...name's right there on the tip of my fingers- you've spelled it out clearly a million times.....

*snark off*

Andy K @ 49:

castanea @ 40:

Hey, I thought some liberals believed that Clinton wanted McCain to win?

Anyhow, fuck you idiots who say fuck Bill Clinton. I'm tired of the purists, tired of the whiners on the left, or who claim to be on the left, who seem content to sneer at Clinton and even Obama because they don't hold the same exact suite of beliefs.

And I thought rightwingers lived in a fantasy world.

When it comes to the totality of a candidate's beliefs, including foreign policy, the economy, the environment, the role of science, education, right on down the line, the Democrats far more often than not are the party of sanity.

You don't like that? Then vote Republican, or vote for a meaningless third party, or don't vote at all, but then don't come bitching when McCain kicks off and we are treated to Sarah Palin taking the oath of office.

YOU JUST DON'T GET IT!

You're supposed to vote like true Americans like Johnny2Bad, who's supporting...he's supporting...uhm...a little help, Johnny2Bad, you're supporting...name's right there on the tip of my fingers- you've spelled it out clearly a million times.....

*snark off*

Truth.

pissed off patricia @ 38:

Johnny2Bad @ 32:

pissed off patricia @ 30:

The old saying, Better late than never, comes to mind. Florida is teetering on the brink between Obama and McCain. If Bill's words can give Obama some help, well shit, I'll take it.

He sounded like his old self. I think he really was fired up and ready to go.

Ugh.

Is that your opinion? If so, you are welcome to it.

Wow. Thanks.

I find it interesting that people would gang up and say BC wasn't doing his part to get Obama elected.
This guy is the slickest politician since FDR. Maybe slicker.
He knew to buy his time and wait till it got later in the election.
Say what you will, I still like the guy.

castanea @ 45:

ontheleftcoast @ 39:

ray pateen @ 13:

it's about friggin' time.i was yelling obcenities at the tv during his last few interviews.he came off as really bitter and angry and jealous.i'm glad he's turned it around...

Bingo.

Remember, Bill is a politician. He has a legacy he wants protected, he'd love to see Hillary get more attention in the national spot light since it would keep him there. But in the end he is a Democrat.

Keep this up Bill. Your legacy is watching.

"The dead have risen and they're voting Republican!" -- Bart Simpson

True. The thing is that he is also a former President, and as such needs to maintain himself somewhat above the bareknuckled aspects of the campaign. I've never had problems with him not going full bore after McCain. If you listened to his convention speech and others, you'd know that he wants Obama to win. He keeps giving proof, yet that proof is never good enough for some people.

The thing is that, even if he gave a great speech in support of Obama every day between now and November 4, you'd still read critics from the left saying he's not doing enough.

When the left gets crazy with itself I alway recall that old quote -- "I don't belong to an organized party, I'm a Democrat". I personally don't want the left to be in perfect agreement on everything. The fact that so many Rethuglicans are simple minded zombies isn't a good thing for their party. If they'd just do a recto-cranial extraction they'd see that the world is passing them by. But that is their problem.

"Why is it that nothing rhymes with orange, silver, and purple?"

Nick @ 41:

Obama is a globalist just like McCain. The only difference is that McCain is a neocon and Obama is a socialist. Both of them will use the Constitution like it's a piece of toilet paper. Wake up, America. The two-party system is corrupt and deceiving you.

http://www.youtube.com/watch?v=7WJynIeWkf4

Globalism = Corporate ownership
Socialism = State ownership; like the post office.

How can something be state owned and corporate owned at the same time?

ummm;)

give me a call bill boy;)

Someone help me out here. I'm troubled.

Quoting from this article, apparently, the early pressure on Fannie Mae to ease credit restrictions and increase investment in subprime mortgages came from the Clinton administration over nine years ago. I hate to say it but a lot of the blame for the sub-prime mortgage crisis is being dumped on the Bush administration when it was clearly underway well before even the 2000 presidential election.

Now I'm all for dumping this all at the republican's doorstep but I can't very well do that when there was an article published before Bush had even been elected, let alone taken office.

So help me out here. What's the real story?

upchuck @ 54:

Nick @ 41:

Obama is a globalist just like McCain. The only difference is that McCain is a neocon and Obama is a socialist. Both of them will use the Constitution like it's a piece of toilet paper. Wake up, America. The two-party system is corrupt and deceiving you.

http://www.youtube.com/watch?v=7WJynIeWkf4

Globalism = Corporate ownership
Socialism = State ownership; like the post office.

How can something be state owned and corporate owned at the same time?

Fascism.

I will say that BC did a good thing today. His speech to rally the crowd was very good. But, I'm still keeping an eye on him and his wife. I'll be watching what they are going to do in the future.

Anyway, I'm just shocked that they didn't say that McCain was their friend. They say it in almost every speech and appearance they give.

------------------------------------------------------------------

On a brighter note, that speech that Obama gave in the Senate was spectacular. Those are the type of speeches I would love to hear while I watch C-SPAN when either the House or the Senate is in session.

Johnny2Bad @ 50:

Andy K @ 49:

castanea @ 40:

Hey, I thought some liberals believed that Clinton wanted McCain to win?

Anyhow, fuck you idiots who say fuck Bill Clinton. I'm tired of the purists, tired of the whiners on the left, or who claim to be on the left, who seem content to sneer at Clinton and even Obama because they don't hold the same exact suite of beliefs.

And I thought rightwingers lived in a fantasy world.

When it comes to the totality of a candidate's beliefs, including foreign policy, the economy, the environment, the role of science, education, right on down the line, the Democrats far more often than not are the party of sanity.

You don't like that? Then vote Republican, or vote for a meaningless third party, or don't vote at all, but then don't come bitching when McCain kicks off and we are treated to Sarah Palin taking the oath of office.

YOU JUST DON'T GET IT!

You're supposed to vote like true Americans like Johnny2Bad, who's supporting...he's supporting...uhm...a little help, Johnny2Bad, you're supporting...name's right there on the tip of my fingers- you've spelled it out clearly a million times.....

*snark off*

Truth.

Funny, it looks like a word I know, but- when it's got your spin on it- it reads "bullshit".

MrBigDog2U @ 56:

Someone help me out here. I'm troubled.

Quoting from this article, apparently, the early pressure on Fannie Mae to ease credit restrictions and increase investment in subprime mortgages came from the Clinton administration over nine years ago. I hate to say it but a lot of the blame for the sub-prime mortgage crisis is being dumped on the Bush administration when it was clearly underway well before even the 2000 presidential election.

Now I'm all for dumping this all at the republican's doorstep but I can't very well do that when there was an article published before Bush had even been elected, let alone taken office.

So help me out here. What's the real story?

kray28 @ 28:

Johnny2Bad @ 20:

"Better answers"? Like what? $700 Billion for his buddies on Wall Street?

This coming from the guy who signed the most far-reaching deregulation of the banking industry since 1929.

To hell with Bubba...Robert Rubin's first sock puppet!!

(Guess who's the second???)

I really wish people would do their research on things before making what amounts to seriously misleading, if not false accusations....especially wrt Graham-Leach-Bliley. Read this:

The bills were introduced in the Senate by Phil Gramm (R-TX) and in the House of Representatives by James Leach (R-IA). The bills were passed by a 54-44 vote along party lines with Republican support in the Senate and by a 343-86 vote in the House of Representatives. Nov 4, 1999: After passing both the Senate and House the bill was moved to a conference committee to work out the differences between the Senate and House versions. The final bill resolving the differences was passed in the Senate 90-8-1 and in the House: 362-57-15. This 'veto proof legislation' was signed into law by President Bill Clinton on November 12, 1999[1]

Does that explain it>

ontheleftcoast @ 53:

castanea @ 45:

ontheleftcoast @ 39:

ray pateen @ 13:
Bingo.

Remember, Bill is a politician. He has a legacy he wants protected, he'd love to see Hillary get more attention in the national spot light since it would keep him there. But in the end he is a Democrat.

Keep this up Bill. Your legacy is watching.

"The dead have risen and they're voting Republican!" -- Bart Simpson

True. The thing is that he is also a former President, and as such needs to maintain himself somewhat above the bareknuckled aspects of the campaign. I've never had problems with him not going full bore after McCain. If you listened to his convention speech and others, you'd know that he wants Obama to win. He keeps giving proof, yet that proof is never good enough for some people.

The thing is that, even if he gave a great speech in support of Obama every day between now and November 4, you'd still read critics from the left saying he's not doing enough.

When the left gets crazy with itself I alway recall that old quote -- "I don't belong to an organized party, I'm a Democrat". I personally don't want the left to be in perfect agreement on everything. The fact that so many Rethuglicans are simple minded zombies isn't a good thing for their party. If they'd just do a recto-cranial extraction they'd see that the world is passing them by. But that is their problem.

"Why is it that nothing rhymes with orange, silver, and purple?"

I don't want the left to be in agreement with itself on everything, either. My problem arises from the whens and wheres that our disagreements arise. Now is not the time to start intra-party squabbles, or to encourage the left to debate itself. We had all that in the primaries. The matter before us on which we need to focus is Obama vs. McCain.

And, honestly, the single thing that I envy about the rightwing is its ability to march in step when need be. The conventional wisdom seems to be that the Republicans will split apart after the election, especially if Obama wins. I don't believe that for a minute. They are all obedient enough to their masters that they'll stay in formation. I wonder sometimes if that's how they were bred.

Ron @ 57:

upchuck @ 54:

Nick @ 41:

Obama is a globalist just like McCain. The only difference is that McCain is a neocon and Obama is a socialist. Both of them will use the Constitution like it's a piece of toilet paper. Wake up, America. The two-party system is corrupt and deceiving you.

http://www.youtube.com/watch?v=7WJynIeWkf4

Globalism = Corporate ownership
Socialism = State ownership; like the post office.

How can something be state owned and corporate owned at the same time?

Fascism.

I think you need to brush up on your "isms".

MrBigDog2U @ 56:

Someone help me out here. I'm troubled.

Quoting from this article, apparently, the early pressure on Fannie Mae to ease credit restrictions and increase investment in subprime mortgages came from the Clinton administration over nine years ago. I hate to say it but a lot of the blame for the sub-prime mortgage crisis is being dumped on the Bush administration when it was clearly underway well before even the 2000 presidential election.

Now I'm all for dumping this all at the republican's doorstep but I can't very well do that when there was an article published before Bush had even been elected, let alone taken office.

So help me out here. What's the real story?

Dig Here.
http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm...

MrBigDog2U @ 56:

Someone help me out here. I'm troubled.

Quoting from this article, apparently, the early pressure on Fannie Mae to ease credit restrictions and increase investment in subprime mortgages came from the Clinton administration over nine years ago. I hate to say it but a lot of the blame for the sub-prime mortgage crisis is being dumped on the Bush administration when it was clearly underway well before even the 2000 presidential election.

Now I'm all for dumping this all at the republican's doorstep but I can't very well do that when there was an article published before Bush had even been elected, let alone taken office.

So help me out here. What's the real story?

Bullshit. A vast majority of the defaulting sub-prime loans originated with thrifts and private mortgage banks. These companies knew exactly what they were doing and what was in it for them. Their entire business model was based on "legal loan sharking"....making loans to people with crappy credit and charging them ridiculous interest rates....a highly profitable enterprise, until the principal payments kick in.

How bout the greedy bastards start investing in America instead of themselves for the first time in 28 years.

Rather then bailing out Wall Street and CEO's try raising American Wages so people have purchasing power.

MrBigDog2U @ 56:

Someone help me out here. I'm troubled.

Quoting from this article, apparently, the early pressure on Fannie Mae to ease credit restrictions and increase investment in subprime mortgages came from the Clinton administration over nine years ago. I hate to say it but a lot of the blame for the sub-prime mortgage crisis is being dumped on the Bush administration when it was clearly underway well before even the 2000 presidential election.

Now I'm all for dumping this all at the republican's doorstep but I can't very well do that when there was an article published before Bush had even been elected, let alone taken office.

So help me out here. What's the real story?

A "concern troll". OK, I've got this one. It's simple. Clinton was at the end of his term, a lame duck and wildly unpopular after the sham that was the Lewinski (there is a name I'd hope I'd never have to type again) scandal. Nobody wanted to be a Democrat -- the "stain" (ah, the jokes, the jokes) was too great. Phil Gramm forced the biggest pile of crap in the last 100 years into a bill at the end of the session that couldn't be voted against. Too many important good things were in it, it had to go thru. This was blackmail, pure and simple. Viola! Here we are roughly a decade later and all hell is breaking loose. How is this Bushie's fault? Well, he's the "Decider" isn't he? He could've decided to fix this mess when the mortgage problem started to head south 2 years ago. You sit in control of both houses (and if you say LIEberman is a Democrat I've got a bridge I'd like to sell you, you'll obviously believe anything) and the Presidency and you don't do anything about it. Yeah, it's your fault.

McPain/Quaylin didn't just jump the shark, they strafed it as well.

Fannie and Freddie have the ultimate guaranteer's (taxpayers-kids-grandkids) holding the bag for $5 Trillion.

They didn't tell us that did they.

How bout a New American Dream?

One based on quality and appreciation rather then junk toys, possessions, and debt.

Bwallace @ 34:

bill, the great deregulater

This was discussed elsewhere recently. Besides the fact that Clinton was more or less blackmailed (maybe too strong a word for what happened) into signing the bill after Gramm stuck in the deregulation, it was veto proof. and maybe he should have vetoed it and maybe that would have sent the wrong message and given the GOP more ammunition to keep Gore out of the white house but you know, hindsight is 20/20. Of course, Clinton could have done something unconstitutional like use the line item veto but after all it would hae been unconstitutional and an impeachable offense. Oh wait, W used the line item veto, whoops. once W got into office, he certainly didn't do anything to reverse it.

every time bill clinton talks lately i can't help but notice he sounds like he is worried that his dentures are going to fall out. has anyone else noticed this. i only mention it because it distracts me from what he is saying, and i think it distracts him too.

ontheleftcoast @ 65:

MrBigDog2U @ 56:

Someone help me out here. I'm troubled.

Quoting from this article, apparently, the early pressure on Fannie Mae to ease credit restrictions and increase investment in subprime mortgages came from the Clinton administration over nine years ago. I hate to say it but a lot of the blame for the sub-prime mortgage crisis is being dumped on the Bush administration when it was clearly underway well before even the 2000 presidential election.

Now I'm all for dumping this all at the republican's doorstep but I can't very well do that when there was an article published before Bush had even been elected, let alone taken office.

So help me out here. What's the real story?

A "concern troll". OK, I've got this one. It's simple. Clinton was at the end of his term, a lame duck and wildly unpopular after the sham that was the Lewinski (there is a name I'd hope I'd never have to type again) scandal. Nobody wanted to be a Democrat -- the "stain" (ah, the jokes, the jokes) was too great. Phil Gramm forced the biggest pile of crap in the last 100 years into a bill at the end of the session that couldn't be voted against. Too many important good things were in it, it had to go thru. This was blackmail, pure and simple. Viola! Here we are roughly a decade later and all hell is breaking loose. How is this Bushie's fault? Well, he's the "Decider" isn't he? He could've decided to fix this mess when the mortgage problem started to head south 2 years ago. You sit in control of both houses (and if you say LIEberman is a Democrat I've got a bridge I'd like to sell you, you'll obviously believe anything) and the Presidency and you don't do anything about it. Yeah, it's your fault.

McPain/Quaylin didn't just jump the shark, they strafed it as well.

Thank You. You put that in it's proper prespective.
I was trying to figure out how to word it. Excellent job!

castanea @ 40:

Hey, I thought some liberals believed that Clinton wanted McCain to win?

Anyhow, fuck you idiots who say fuck Bill Clinton. I'm tired of the purists, tired of the whiners on the left, or who claim to be on the left, who seem content to sneer at Clinton and even Obama because they don't hold the same exact suite of beliefs.

And I thought rightwingers lived in a fantasy world.

When it comes to the totality of a candidate's beliefs, including foreign policy, the economy, the environment, the role of science, education, right on down the line, the Democrats far more often than not are the party of sanity.

You don't like that? Then vote Republican, or vote for a meaningless third party, or don't vote at all, but then don't come bitching when McCain kicks off and we are treated to Sarah Palin taking the oath of office.

Amen. Go vote for Nader. That sure worked out well in 2000.

castanea @ 60:

ontheleftcoast @ 53:

castanea @ 45:

ontheleftcoast @ 39:

True. The thing is that he is also a former President, and as such needs to maintain himself somewhat above the bareknuckled aspects of the campaign. I've never had problems with him not going full bore after McCain. If you listened to his convention speech and others, you'd know that he wants Obama to win. He keeps giving proof, yet that proof is never good enough for some people.

The thing is that, even if he gave a great speech in support of Obama every day between now and November 4, you'd still read critics from the left saying he's not doing enough.

When the left gets crazy with itself I alway recall that old quote -- "I don't belong to an organized party, I'm a Democrat". I personally don't want the left to be in perfect agreement on everything. The fact that so many Rethuglicans are simple minded zombies isn't a good thing for their party. If they'd just do a recto-cranial extraction they'd see that the world is passing them by. But that is their problem.

"Why is it that nothing rhymes with orange, silver, and purple?"

I don't want the left to be in agreement with itself on everything, either. My problem arises from the whens and wheres that our disagreements arise. Now is not the time to start intra-party squabbles, or to encourage the left to debate itself. We had all that in the primaries. The matter before us on which we need to focus is Obama vs. McCain.

And, honestly, the single thing that I envy about the rightwing is its ability to march in step when need be. The conventional wisdom seems to be that the Republicans will split apart after the election, especially if Obama wins. I don't believe that for a minute. They are all obedient enough to their masters that they'll stay in formation. I wonder sometimes if that's how they were bred.

They've used this tactic for a while but I think the wheels are coming off that wagon. They started this with the "Silent Majority" tactics back in the 70's and it took them 20 years to pull it all together. Well, the "Silent Majority" has seen what it gets them: war, economic ruin, etc. They're going to have to come up with a new tactic now. The Libertarians can't stand the big-government-spending-to-make-my-cronies-rich types. The theocrats can't stand either of them. It's going to fracture and reform. My guess is we'll see some attempts to pull the old coalition together in 2012. But if they lose that election as well it will come completely undone with name calling and finger pointing and it will take a decade for them to come back. Good riddance to bad rubbish.